Risks from climate change To establish a risk management plan requires Supply Chain professionals to initially identify the range of potential events that could be a risk to business transactions. Climate Change is now an additional high risk situation that contains many individual risks for businesses. An earlier blogpost noted that as the world adapts to climate change, changes will … Read More
Identifying new capabilities that improve supply chains
Considering future investments Disruption and changes in supply chains have become a feature that could lead to different strategies and operational tactics. But, how will these changes influence your direction in the selection and implementation of technologies, tools and techniques (3Ts)? The Hype Cycle, published by the research firm Gartner, provides positioning concerning the announced (and sometimes available) 3Ts that … Read More
Climate Change requires changes in your supply chains
A scenario for reduction of carbon emissions The objectives of the COP26 climate meeting in Glasgow, Scotland were not achieved. Governments failed to provide sufficient targets for the required reduction in CO2 emissions by 2030. The UN scientist report of August 2021 titled Code Red for Humanity stated that carbon emissions must be reduced by 45 percent over 2010 levels … Read More
The ‘right’ amount of inventory in your supply chains
Will demand slow? Many Logisticians have been working overtime in the past 18 months to meet their CEOs instructions to provide sufficient products for the ‘new’ demand. But, there are signs that the ‘good times’ may come to an end, with a potential reduction in consumer demand. Consumers may have purchased sufficient ‘stuff’ – where to put it? The abnormal … Read More
Inventory through supply chains has business value
Role of Inventory The role of Logistics is to provide Availability of items for end users. This requires the management of inventory to be a critical capability for a Logistician. A known factor is the cost of holding inventory, although often under-stated by companies. Less appreciated is the value of inventory to the business. Experiences of stockouts through the pandemic … Read More